The new center is a collaborative effort among Texas Oncology in Dallas, the US Oncology Network supported by McKesson Specialty Health, and Baylor Health Enterprises, an affiliate of Baylor Health Care System, IBA said.

IBA values the fully financed agreement at an estimated $50 million. The company has also received a five-year maintenance contract for the center, which is scheduled to open in late 2015, according to IBA.